Dalian iron ore futures dropped to a three-week low on Monday as Chinas rising portside inventory and a bleak outlook for domestic steel demand during winter weighed on prices. The most-traded iron ore contract for January 2021 delivery on

On October 16, China Merchants Jinling Shipyard (Nanjing) signed and delivered the first 7800 meter ro-ro ship for Grimaldi in Italy. Jinling once again set a record for the largest ro ro ship made in China, and won many first records of ma

On the afternoon of October 17, Qingdao Border Inspection Station, with the cooperation of the prevention and control headquarters, customs and maritime departments, successfully completed the crew change of 19 foreign seafarers of the Libe

Swiss-based global mining and commodities trader Glencore is set to send its first spot liquefied natural gas cargo to Zhoushan in eastern China in a trading joint venture with Zhejiang Energy Group, a top company trader said. Glencores joi

China has issued its northeastern province Jilin thermal coal import quotas for 5 million tonnes, according to a trader and an official document reviewed by Reuters, as supplies tighten this winter with imports curbed from top supplier Aust

China has hit the brakes on its oil buying spree as swelling inventories and limited import quotas stifle purchases. Softening Chinese demand in the final quarter of 2020 comes as renewed lockdowns and a spike in coronavirus cases across Eu

The World Maritime Organization (IMO) has adopted a two-tier strategy aimed for a drastic reduction of greenhouse gas (GHG) emissions from international shipping. The initial target obliges ships to cut their average fuel cost by 40% by 203

In the week ending Oct-16, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) Download PDF1 Below find the NCFI Weekly Index Data chart: Download PDF2 Source:Ningbo Shipping Exchange The opinions expressed h

Chinas announcement last month that it pledged to reach 2020-10-16-China-CO2-Neutral-More-than-hot-air Source:GIBSON SHIPBROKERS LTD The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Co

A total of75 incidentsof piracy and armed robbery against ships (comprising 73 actual incidents and two attempted incidents) were reported in Asia duringJanuary-September 2020compared to54 incidents(comprising 49 actual incidents and five a

At 9:40 on the morning of October 16, a vehicle carrying three Vietnamese crew members departed from SIPGs Luojing branch terminal. The three foreign crew members were from Panamanian Adelaide cargo ship, which was docks on the 15 day morni

Lingshui 17-2 gas field project, the worlds largest truss semi-submersible platform independently designed and built by CNOOC, was completed in Qingdao. As the first module used in 1500m deep water high pressure gas field in China, the comp

In September 2020, the monthly throughput of Yantian Port in Shenzhen exceeded 1.46 million teu, breaking the record of throughput of a single port in the world again, which was another breakthrough after the record of throughput of a singl

Offshore investments are expected to rebound from 2021 and oil and gas operators will be looking for yards to build new facilities, with 40% of these contracts expected to be floating production storage and offloading (FPSO) units in the ne

Iron ore futures extended losses on Thursday, with the Dalian benchmark touching a fresh two-week low, as Chinas rising port inventories and softening physical demand for steel products weighed on sentiment. The most-traded January 2021 con